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Frequently Asked Questions

COMPETITIVE BIDS VS.

BUDGET ESTIMATES

Budget Estimates:

The early estimates developed during the planning phase. These numbers are based on historical and current market conditions of projects that are similar in size and scope.

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Competitive Bids:

The actual costs that come in once design is completed. Individual contractors then give their best price based on the completed drawings; ensuring every contractor is bidding on the exact same scope.

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